Activities of Barbara SPINELLI related to 2014/2145(INI)
Shadow opinions (1)
OPINION on the review of the economic governance framework: stocktaking and challenges
Amendments (9)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Takes the view that it is absolutely vital for the democratic legitimacy of EMU to be improved substantiallyand a matter of urgency to create the conditions for genuine democratic legitimacy and the principle of EMU responsibility to be established within the EU's institutional framework and in line with the Community method;
Amendment 10 #
Draft opinion
Paragraph 2
Paragraph 2
2. Calls for an interinstitutional agreement to be concluded between the European Parliament, the Commission and the Council providing for effective parliamentary validcontrol and participation ofin the various stages of the European Semester, starting with the validation of the Annual Growth Survey; and proposes that — pending the revision of the Treaty — a conciliation procedure be introduced for Council recommendations regarding broad economic and employment guidelines, similar to the conciliation procedure introduced in 1975, pending the strengthening of EP budgetary powers, concerning multiannual programmes with a significant financial impact;
Amendment 13 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Is convinced that full parliamentary scrutiny and effective participation in decision making in the field of economic and monetary policy, taxation and own resources requires a revision of the Treaty and reserves the right, under Article 48 TEU, submit proposals to the Council with a view to convening a constitutional convention;
Amendment 15 #
Draft opinion
Paragraph 3
Paragraph 3
3. Takes the view that the implementRecalling the investigation into the role and operations of the economic dialogue needs to be reviewed so as to ensure that there is proper parliamentary scrutiny at all stages of the procedureTroika (ECB, Commission and IMF) with regard to euro area countries in programmes, believes that the democratic dimension of EMU and strengthening parliamentary oversight to require the methods of the Troika to be abandoned and negotiating power placed in the hands of the Commission, the only institution accountable to the European Parliament;
Amendment 16 #
Draft opinion
Paragraph 3
Paragraph 3
3. Takes the view also that the implementation of the economicresults of the economic and social dialogue needs to be reviewed so as to ensure that there is proper parliamentary scrutiny at all stages of the procedure; is convinced that it must ensure coordination of decision making between the different thematic Councils, making greater use of 'Jumbo' Councils also as an opportunity for consultation with the social partners; recommends that the results of the open coordination method be put forward for consideration;
Amendment 20 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Reiterates its suggestion, contained in the report on the role and operations of the Troika, to give the European Parliament codecision powers in the appointment of the ECB President;
Amendment 26 #
Draft opinion
Paragraph 4
Paragraph 4
4. WelcomesReiterates its support for the setting-up of the Interparliamentary Conference on Economic and Financial Governance of the European Union; underscores, nevertheless, its limits when it comes to encouraging accountability on the part of decision-makers; points out that this responsibilitiesy must be assumed at the appropriate level, with national parliaments scrutinising national governments and the European Parliament scrutinising the European executive, and that such cooperation must not lead to the establishment of a new joint parliamentary body; recalls that the European Parliament is the EMU institution that ensures representative democracy and that it is, under its Rules of procedure, authorised to set up internal bodies for the evaluation and monitoring of monetary policy and of the euro; considers that enhanced interparliamentary cooperation should be one of the objectives of the Fiscal Compact renegotiation procedure when discussing its possible inclusion in the Treaties;
Amendment 32 #
Draft opinion
Paragraph 5
Paragraph 5
5. Takes the view that it is vital and urgent to distinguish between countries’ operating expenditure and their productive investments, and that it is for the Commission, with the help of Eurostat, to lay down, in advance, strictprecise eligibility criteria that allow for more favourable treatment of productive investments that guarantee the viability of public finances in the long term, in accordance with Article 126(3) of the Treaty, which, together with the sustainability of public finances under Article 126(3) TFEU, make it possible to exclude these productive investments from Stability Pact restrictions; recommends that the Committee on Economic and Monetary Affairs specify the nature onf the Functionis investment by giving priority to spending ofn the European Union (TFEU)environment and alternative energy, tangible and intangible social infrastructures and research;
Amendment 39 #
Draft opinion
Paragraph 6
Paragraph 6